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Mortgage Rates are lower yet again

May 19th, 2014 10:19 AM by Jonathan White

Mortgage rates ended the week lower again and near the lowest levels of the year.  Last week, retail sales showed a smaller gain than expected and Industrial production also showed a decline which surprised most economists. 

Whenever the economy shows signs of weakness, the interest rates usually come down to speed the economy back up.

Posted in:General
Posted by Jonathan White on May 19th, 2014 10:19 AM

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